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December 14, 2015 W E L C O M E SIMONTON LAKE H.O.A.

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Presentation on theme: "December 14, 2015 W E L C O M E SIMONTON LAKE H.O.A."— Presentation transcript:

1 December 14, 2015 W E L C O M E SIMONTON LAKE H.O.A.

2 PURPOSES Explore Possibilities of Expanding Conservancy District Bylaws

3 WHAT IS A CONSERVANCY DISTRICT The Indiana Conservancy Act (IC 14-33) provides a mechanism by which landowners, through a circuit court process, can organize a special taxing district ( a local unit of government ) to solve specific local issues related to water resources management.

4 Purposes being suggested for Expansion of the Districts Bylaws (currently only sewage system) No. 2 - Improving drainage. No. 6 - Developing forest, wildlife areas, parks, & recreational facilities where feasible in connection with beneficial waste management. No. 7 - Preventing the loss of topsoil from injurious water erosion. No. 9 - Operation, maintenance & improvement of any work of improvement for water based recreational purposes, or other work of improvement that could have been for any other purpose authorized by the Act.

5 Suggested Conservancy Projects ( As recommended by the Environmental Committee ) Proactive & Uniform Lake Weed Control Public Landing : Paving / Landscaping / Maintenance Re-establish USGS lake level monitoring Erosion control Drainage improvements Environmental Enhancement Sediment Removal Constraints : A - What Can we do B - What can we Afford to do C - What are we Allowed to do

6 Sediment removal – completed to date Sediment Removal Costs To Date $ 172,400 - Basin, Fees, etc $ 405,000 - Dredging of 25,500 Cubic Yards NARROWS - LANDING - CHANNEL ACCESS $ 577,400 - Total

7 Our Vision Weed Control – USGS Monitoring – Landing improvements & maintenance, Buoy installation, maintenance & removal – Fees, Consulting, Newsletter, Studies & Permits - Sediment removal, Erosion mediation. Additional Sediment Removal 78,000 Cubic Yards 48 Acre basin increase

8 M O N E Y OUR VISION $ 150,000 - SITES 4 & 5 $ 160,000 - SHORTFALL ON CURRENT SEDIMENT REMOVAL $ 675,000 - WEST AREA SEDIMENT REMOVAL $ 720,000 - EAST AREA SEDIMENT REMOVAL $ 400,000 - BASIN / WILDLIFE AREA $ 5,000 - LANDING ISSUES & MAINTENANCE / YR $ 20,000 - WEED CONTROL / YR $ 5,000 - USGS MONITORING / YR $ 65,000 - STUDIES/PREMITS/FEES This is a list compiled from discussions with various Freeholders & is certainly fluid as the process progresses

9 FUNDING ( After much discussion, consciences seems to be that the fairest approach to funding the improvement of Simonton Lake seems to be the following) A Special Assessment based on current Assessed Property Values at a.0009 district wide rate. With a current District Assessed Value of $ 130,000,000, The.0009 Proposed Rate Increase would generate $ 117,000 Revenue / yr, Examples of a.0009 ($90 per $100,000) increased assessment to your annual Property Tax bill: $75,000 Parcel -- $67.50/yr $100,000 Parcel -- $90.00/yr $150,000 Parcel -- $135.00/yr $200,000 Parcel -- $180.00/yr $250,000 Parcel -- $225.00/yr $300,000 Parcel -- $270.00/yr

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11 Simonton Lake aerial photo dated 1938

12 SIMONTON LAKE – 2013 PHOTO


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